vol.020: An Inquiry into the Nature and Causes of the Wealth of Nations--Adam Smith
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vol.020: An Inquiry into the Nature and Causes of the Wealth of Nations--Adam Smith
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This extensive text, likely from Adam Smith's "The Wealth of Nations," explores the fundamental principles of political economy. It examines the division of labor as a driver of wealth, the origin and function of money, and the real and nominal prices of commodities, including the wages of labor, profits of stock, and rent of land. The source also scrutinizes systems of political economy, particularly the mercantile system and its impact on foreign trade and colonies, while concluding with a detailed analysis of public finance, taxation, and the nature of public debts. Overall, it provides a comprehensive framework for understanding how nations accumulate wealth and how economic forces interact within society.
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